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. Attention is focused on how to divide the total reward (penalty) among the activities: the core of a corresponding cooperative … the nonemptiness of the core of project games …
Persistent link: https://www.econbiz.de/10013070682
core allocation on the boundary of its payoffset. Convex games with transferable utility are well-known to be exact. We …
Persistent link: https://www.econbiz.de/10013150572
the core of a multi-choice clan game is explicitly described. Furthermore, characterizations of multi-choice total clan … that some elements in the core of a multi-choice total clan game are extendable to such bi-monotonic allocation schemes via …
Persistent link: https://www.econbiz.de/10014223097
introduced, under which the value is guaranteed to be an element of the core. For games with complete graph communication the …
Persistent link: https://www.econbiz.de/10013097263
Persistent link: https://www.econbiz.de/10012197600
We propose the "average approach," where the worth of a coalition is a weighted average of its worth for different partitions of the players' set, as a unifying method to extend values for characteristic function form games. Our method allows us to extend the equal division value, the equal...
Persistent link: https://www.econbiz.de/10011509414
This paper studies the relation between optimal dam capacity and water management under rivalry uses and externalities …-linear building cost of dam capacity and externalities in a welfare optimization model. We obtain the optimal dam capacity for multi …
Persistent link: https://www.econbiz.de/10010421750
We delineate the various ways in which rights to environmental and other resources can be assigned to individuals or groups. We then examine models of individual and group interactions, drawing out their implications for the ways in which resources will be utilized and managed under various...
Persistent link: https://www.econbiz.de/10014023942
notions, the Core and the Myopic Stable Set.The stable partitions in both egalitarian and individualistic societies are …
Persistent link: https://www.econbiz.de/10012838321
This paper studies a generalization of the consensus value (cf.Ju, Borm and Ruys (2004)) to the class of partition function form games. The concepts and axioms, related to the consensus value, are extended. This value is characterized as the unique function that satisfies efficiency, complete...
Persistent link: https://www.econbiz.de/10014069994